Companies
Early Game Ventures Aims to Seal 8-10 Investments in 2025
Early Game Ventures (EGV), one of the most dynamic venture capital funds focused on investments in CEE tech startups, plans to carry out between eight and ten investments of its EUR60 millio...
New Investment Fund Arrives in Romania. Croatia’s Provectus Capital Partners Opens Bucharest Office
Private equity fund Provectus Capital Partners (PCP), headquartered in Zagreb, Croatia, has entered Romania market by opening an office in Bucharest to cement its regional footprint. The inv...
Maspex 2024 Turnover Rises 9% To RON1.25B. Profit Hits RON177M
Maspex Romania, a leading player in the beverages and foodstuffs industry, in 2024 generated RON1.25 billion turnover, up around 9% from 2023. The advance is lower than the 2023 one, but the...
Artego 2024 Turnover Down 11.1% YOY To RON144.8M
Romanian conveyor belt maker Artego for 2024 reported turnover worth RON144.8 million (EUR29.1 million), down 11.1% from 2023, in line with ZF calculations based on Finance Ministry data.
Macromex 2024 Turnover Up 15% YOY To RON894M on RON45M Profit
Macromex, the biggest player in the frozen foodstuffs sector, in 2024 reached RON894 million turnover, up 15% from 2023. The company’s net profit amounted to RO45 million, 15% higher than in...
IKEA Wants to Bring New Store Formats to Romania
Vincent Devloo, area retail manager at Ikea Southeastern Europe, says the group is looking to open stores in smaller cities and test new store formats locally.
Furniture Maker Spectral Opens New Own Store In Ramnicu Valcea
Furniture maker Spectral Mobila SA on Friday inaugurated its 39th Spectral Mobila store in Romania, in Ramnicu Valcea. The new store will be managed by the company directly.
Türkiye’s Otokar Teams Up with Automecanica To Manufacture Armored Vehicles in Romania
Otokar, the defense system producing arm of Türkiye’s largest conglomerate, Koç Group, has signed a joint venture agreement with one of Romania’s leading defense companies, Automecanica S.A....
Rompetrol Rafinare Restarts Petrochemical Unit at Petromidia Refinery
Rompetrol Rafinare has announced it will restart the Low Density Polyethylene (LDPE) unit at the beginning of May amid rising demand for petrochemical products.